Keppel to acquire commercial tower in Beijing for 555m yuan
The property is located in an area widely known as China's Silicon Valley
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Singapore
KEPPEL Land China will acquire a completed commercial property in Haidian District, Beijing for an aggregate cash consideration of 555 million yuan (S$111 million).
The property is owned by Beijing Chang Sheng Business Consulting Co, and Keppel Land China has agreed with A Li Yun Shan (Beijing) Business Consulting Co to purchase the full equity interest in the building owner.
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